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CNBC
Dec 28, 2012 6:00am EST
are your morning headlines. president obama will meet with top congressional leaders at the white house this afternoon. 3:00 p.m. eastern in hopes of making progress on the fiscal cliff talks. in addition the house will be back in session on sunday. we've got more on all of this in a moment. while lawmakers have been preoccupied with the fiscal cliff, they've not dealt with passing a new farm bill. "the washington post" now reporting that unless one is passed by january 1st, the formula for establishing minimum milk prices would revert to the one that was in place back in 1949. the paper says that could boost milk prices more than $3 a gallon. we're going to get another read on the housing market recovery this morning. the national association of realtors is out with its pending home sales report for november. that's coming at 10:00 a.m. eastern time. looking for an increase of 1.5%. that follows a 5.2% rise in october. pending home sales, of course, a measure of home sales on home sale contracts signed but not yet out. >> a big deal. the milk. >> the milk thing could be huge. you think
CNBC
Dec 24, 2012 6:00am EST
. >> he says nothing. >> surprised to see such a partisan -- >> the white house -- >> were you, really? >> to president obama. >> i thought he was just -- the way he was appreciating it, that was what it was. >> there's been -- >> how is it -- >> that's not the quote? >> that is the quote but the context of it might have been somewhat different than was portrayed. >> but you don't know that. >> whatever the case, i mean the guy won re-election. he won -- >> and he won the first time. >> elections have consequences. >> exactly. so why would he take the same tack that he took in the summer of 2011 -- >> maybe because we might have gotten a deal? >> we might have gotten a deal. but he was moving towards a deal and then boehner pulled out. why did boehner pull out? what's the other side -- >> the other side said that he -- >> which side -- >> not last -- i don't want to relitigate that but for whatever reason boehner pulled to plan "b," thought he could get it passed, didn't deliver on it. >> what do you think happened there? >> with the republican caucus? >> there was a postmortem in the
CNBC
Dec 31, 2012 6:00am EST
want to ask congresswoman decapito, who we know is very smart because she went to duke, president obama said he's not going to negotiate on the debt limit and white house aides tell me he's serious about it. what are you going to do when the debt limit rises in a couple of months, you want to negotiate on that and he says, sorry. >> i find it interesting that tim geithner says the debt limit is up at the end of the year. really? throw that one out. he voted not to let president bush have the right to raise the debt limit. i think this is a check and balance that we need to have 234 congress. i don't think he's going to get his way on that. i think the speaker did -- >> do you think he will buckle and negotiate? >> he's going to have to because he needs that. and i think that does provide leverage in the congress. it is ugly and i don't want to go through it again,=/$fnñ"3g-u our thanks to congresswoman capito and congressman meeks. >> i think you have an opportunity while you're there to negotiate all this yourself. you could play the role of -- anyway, comments, questions about anyth
Search Results 0 to 2 of about 3